All language subtitles for 1 Building The HTF Story POI Selection - انگلیسی (ایجادشده به_صورت خودکار)

okay so now we're ready to start to look at how we can put all of those

individual concepts that you have just learned and kind of put them all

together into obviously what makes up the photon strategy and how we can

obviously build trade ideas using those concepts and then obviously execute

and manage one of those trades now you have seen you know countless amounts

of trade examples as we've been going through each of the lessons but i think

this is just a kind of useful um you know yeah useful point for you guys to

kind of well look at trades that basically uh i recently took um for me

to break this down nice and slowly and for you guys are going to hear my

thought process of how i'm you know viewing this and then executing this in

the live market so as always we start with our top down

analysis now for me personally you know my main two time frames are the four

hour and the m15 but i will always know you know where we are within the weekly

and the daily time frame just so you know i have those on my side and i have

a good idea of where we are trading within within those time frames and kind

of you know what the overall longer term um trends are so

kind of the first time if you're ever hopping on a chart and it's a blank

chart you do need to kind of have a good zoom out and just have a rough idea of

where your highs and lows are because if you just you know jump in straight to

say you know this section of price action here you may think that right

okay that's a lower low that's the lower high and that's the lower low so you

could you know think well this is the weekly range we are within so if price

was to come up here and break this high then the weekly would be bullish but

actually if you zoom out you might find that you know you don't you have your

lows and highs right completely mapped so what i would always do the first time

i ever look at a chart for the first time is just have a quick zoom out and

just make sure well this is how i do it right we can see we're in this big range

here and then back in 2014 we clearly broke out of that range

with pretty much one straight swing leg to the downside you can see how there

was a bit of minor pull back here but for me that's not part of uh you know

that's not a swing pull back it's just a minor pullback so at that point uh if i

go to the orange line there we go this would be

my swing high at that point uh if i get the paintbrush

tool to work there we go that'd be my swing high and that would be my swing

lower okay so we start to pull back and then eventually we come down and we

break that low if i draw the line across you can see that

draw it from the wicker k

we break that low to close below the lower okay so now that for me is a break

of structure so where is the highest point that broke the low after that low

was formed so we look back this is the highest point in the case so then

price comes up and it breaks that swing high to the upside so now the market is

bullish again i'm not gonna draw this all on right let's just try and keep

this a little bit quicker but essentially we break up to the upside

right then we have another pullback we get another weekly break of structure

this then becomes our swing low as we can see priceless which is bearish again

okay now we'll bear for quite some time kind of very small corrective pullbacks

and then we take the slow here which means this is a high price then breaks

that high to the upside so now we have a bullish trend change because it breaks

and closes above the swing high to form a higher high but then it's quite

volatile straight away it moves back down and it takes out the swing low to

form a lower low all right so at that point we are now playing within a

bearish swing range between this high and this low price pulls all the way

back up and then it switches bullish again right we get another breaker

structure to the upside and then we start to pull back so at

that point this is my swing low and this is my swing high okay because remember

that was my last breaker structure so where's the lowest point that broke that

high right from after this highest form did

we look back and it was this low here okay so this is our new swing low this

is our new swing high up here we then get a pullback and then we break and

close above that high at that point so when that happens uh around the 30th of

november 2020 this now becomes our swing low and obviously we then pull back for

this to be our swing high so then what happens the price pulls

back into our area of demand right this weekly demand zone it reacts it tries to

put in a higher high right tries to break the high but it fails to do so so

at that point as we start to come to the downside

we can build trade ideas around that this is a week weekly low why is it weak

it's weak because it failed its job it failed to put in a higher high so that

low eventually gets run but then eventually we actually do see that

weekly breaking stretches to the downside where that strong weekly low is

taken okay so as you can see that was a low that caused the high price then

pulled back into demand it tried to form a high low to break up and form a higher

high but it failed to do so that weak low got run and then eventually the

strong weekly low got broken right here where we had that weekly breaking

structure to the downside so that's our weekly boss if i just draw that on

okay let's make it black and a little bit thicker

so that's how we can break the structure to the downside now at that point where

is my new swing range well you know this is obviously the new low my the the

swing high is the highest point that broke the low so it stays in this place

okay when you get a trend change the high is still in the same place and so

we're now playing within this weekly bearish range okay so price would have

to break this high at this point for there to be a bullish trend change on

the week chart now what do we expect after breaking

structure we expect a pullback on that time frame right so

we never know when that breakage structure can occur right we could tank

for ages before we get that sorry not breaking structure we never know when

that pullback would occur we just know that after breaking structure we expect

it okay so what are the couple of tools that we can use to kind of give us an

indication when the wiki may be pulling back and one is obviously we look for a

change of character right so we'd want to see the low get taken and then high

and then that would give us a good sign that we're pulling back or other things

we can look for right is demand uh demand and supply zones all right so the

next kind of real obvious target i'd be looking for is this kind of weekly uh

buy to sell range down here um or well you can see that it was a flip zone

right because we had this weekly supply zone

price came up into that supply it reacted and then it pushed up led to

that bullish trend change right remember when we got that weekly break of

structure so this now becomes a good supply to demand flip a good area for us

to look for shorts to target into before we may see that weekly pullback back up

into some of these you know points of interest

up here the only other area i'd maybe keep an eye on is these cell to buy

works here but it's a bit more of a daily zone we can probably see it more

clearly when we jump down to the daily um the daily chart but the kind of main

point i would want to take i want you guys to take away from when i'm kind of

analyzing the weekly chart like this it's just that i'm aware we've switched

bearish we've broken structure it's possible we could have a bit of a

pullback um and i'm expecting essentially this to

continue downright at least down to around this range demand down here now

coming into the week of price action i'm actually looking for for this short

trade that i took on eurodollar what i had noticed is we had a bit of a

minor pullback and we pulled back into this previous buy to sell range okay so

this buy to sell is a range created supply right it's a minor or a

decisional created supply that led to the break of structure prices just

pulled back into that and then you can start to see that bearish sensitivity

coming into price action as well so that was a bit of a long really long-winded

way of me breaking down the weekly chart there but that's kind of just because

you know i'm doing this from a completely blank chart and i'm just kind

of trying to drive the point home of just making sure that you do zoom out

the first time you ever analyze a completely blank chart just to make sure

you know where your weekly swing range is because remember as i was saying at

the start if you jump straight in and suddenly thought that's your weekly

range and then we moved up you would think we're bullish but actually we're

not because the weekly range is this right so actually if we just pulled we

could pull all the way up here and we'd still be bearish right we could still

form a lower high so that's kind of just the long-winded point i really wanted to

drive home there but in terms of just talking about the analysis for this

trade right

as complicated as the weekly chart analysis needs to be at least for me the

way i trade is that we've had a weekly break of structure we are heavily

bearish right the long-term downside momentum or the long-term momentum is to

the downside but i am expecting we could potentially have a little bit of a

weekly pullback uh we have just tapped into that previous buy to sell range um

so now we can look to potentially target this small weekly low there down into

around this kind of demand created level down here daily chart let's have a look

so the daily chart is pretty simple i mean you can see those sell to buy wix

on a weekly charts essentially this sell to buy demand zone on the daily charts

that would be our next sort of key level that we could potentially target on the

daily now if we zoom in a bit more to the daily range nice clean

um trending price action here so lower low pull back to form a lower high

lower low lower high lower low lower high and then this is all one swing run

to the downside okay so this was our last

break of structure um on the daily chart there

okay and we are within if i just use the highlighter tool

this is our lower high right and this is our daily lower low

so what do we expect after a daily break of structure we expect a daily pullback

how can we anticipate when that daily pullback may be kicking in we look for a

change of character right so when we got that daily break of

structure price moved down then we got a small

pullback then price moved down then we got another small pullback and then

price moved down and it just wicks that low which means that this then becomes

our most recent you know small high internal high

price time comes up and obviously it breaks up above that internal high so

that right there is our daily change of character i'm just going to mark that on

okay and that daily change of character signals well it signals that a pullback

may be starting okay so if we're looking to catch that daily

lower high and we're looking to catch that pro trend move to get that next

spring run to the downside to target this week low um we obviously want to be

trying to catch that daily lower high so what other tools we can use again right

to give us that indication that the daily lower high is formed and price is

now ready to go while we look for a bearish change of character right to

tell us that the pullback's over so at this point what where is the level or

the low that i would need to see go for there to

be a bearish change of character well if you analyze the price action once we had

that bullish change of character we moved up then this white candle right

it's an inside bar because it fails to take that counters high that means

that's a pull back there and then we all of these candles break

the prior candles highs that's all part of the up move and then we pull back

okay so at this point

if i just delete that line i would need to see

this logo here for there to be a daily bearish change of character okay what's

the other thing that we can use to help us try and anticipate and time

uh where a pullback may have finished supply okay supply and demand so if we

kind of paint the story here what i would do is look kind of where's

the most or the nearest sort of obvious point of interest and i'll be looking at

kind of this buy to sell range here okay this daily supply zone right

is it valid is it a strong zone yes because it led to a break of structure

um is it a flip zone that's another thing we can do to try and increase the

probability of that zone well let's have a look well there was clearly demand

over here right that led to this break of structure

so that's a pretty decent daily demand zone you can see it's the

liquidity below those lows as well price then came into that demand now we get

the reaction remember the reaction is key why because that validates that this

is a decent demand level it validates that there were you know a decent amount

of buy orders in there price tries to go up it tries to make a higher high but it

fails to do so and then what happens then supply steps in and causes the

reaction to fail so the moment we close below

the base of the reaction demand has now failed and flipped to supply

which also led to the break of structure okay so this is a structure zone and

it's a flip zone okay all right so that's a decent area of

interest for us to potentially look for a daily lower height to form so let's

just pray play price forward a little bit so we tap into that range and then

we get a very very solid and sharp reaction clearly showing that there's an

overwhelming imbalance of supply entering into the market and we also now

have that daily change of character so now it's all systems go right to try and

look to at least target this daily low or potentially come down in towards this

next daily demand level okay now if you remember

what not always right it's on a guaranteed rule but what most likely are

those daily changes of characters on the on the four-hour time frame well they're

usually breaks of structure on the four-hour time frame so that bullish

change of character on the daily to initiate the pullback is most likely a

bullish trend change in the four-hour chart a swing break of structures to the

upside likewise i've actually drawn this wrong because

at this point here right when price moves up and then we pull back and then

we take the high right we take that high then you'd have to adjust your chalk

line to the most recent low which would be this low here okay and then within

the very next day then we come down and have that bearish change character to

the downside okay just gonna drag this out so you can see a little bit clearer

so hopefully that makes sense all right we moved up we pull back once

we take the high that then validates that this is a low right price then hits

into supply and then we have our bearish change of character which is most likely

on the four-hour chart not always but most likely a bearish trend change so

i'll just show you the four-hour trend here

all right we have this swing movement to the

downside we then pull back to form a lower high we move down to form a lower

low we pull back to form a lower high we then come down do we break that for our

low let's have a look draw it from the wick

draw across

okay now we've had a four-hour bearish breaking structure down here because we

closed below the low so when we close below the low where is our swing lower

high it's the highest point that broke this low after it formed so after it

formed where's the highest point it's up here okay so this becomes our four hour

swing high which you can see was our bullish daily change of character that

dotted line as the four hour trend the swing trend switch bullish

okay so at this point here when we close above that is the four hour swing trend

switching bullish that is a boss a swing boss to the upside which was the daily

change of character which is allowing the deadly to pull back okay so the

four-hour trend switch switch bullish for the daily to pull back uh up into

supply okay so we get another pullback and then we take the high all right so

we're getting another four hour boston upside then we pull back again we do not

breach that swing low okay the four hour trend stays intact and we get another

breaker structure to the upside let me just draw that on and then we tap

into our daily supply zone and then we get a huge reaction to the downside when

we get that daily uh bearish change of character what is that

daily bearish change of character it is a four hour bearish trend change okay

that's where the four-hour swing trend changes to the downside it changes

bearish because we take out this four-hour high low to form a lower low

okay so now at this point what has happened we have had our daily

break of structure so we anticipated a daily pullback right the four hour

switched bullish when we got that swing breaker structure to facilitate that

daily pullback and then tapped into daily supply but we then got the four

hour then switching bearish as it took out the high low to form a lower low so

now the four hour is bearish the daily is bearish and the weekly is bearish

so now we are looking to target at a minimum this week daily low why is it a

week daily low because it failed to take out the daily swing high okay so now all

the time frames are aligned we don't just want to jump in short here okay

ideally you want to see price pull back to an area of value um you know usually

at minimum the previous buy to sell range right this buy to sell range

usually price will come into that and then you'll see that movement go um the

nearest poi is what i'll usually draw on now you can see this is kind of just one

big straight candle down on a four-hour chart it's really the nearest supply

zone i can see other than if you know if you used to take the whole buy to sell

range as in this whole buy to sell range i draw on

this whole buy to sell range what would that be in daily chart it's most likely

just that daily bullish candle right that's then engulfed so i want to be a

little bit more refined on the four-hour chart the nearest uh sort of supply poi

i could see is those buy to sell wicks okay so i'll just draw that on

all right so now we can look for price to pull back up into this area or we can

wait for price to pull back and form a various change of character uh if it

does not tap into our supply rack remember it does not have to tap into

our supply so let's see are we gonna get tap into

supply

no but what we have is a low so at this point right i've been looking for price

to come into supply but if price takes out this low here we would then would

have had a bearish change of character okay so let's just keep track of this a

little bit more are we going to tap into supply no we

don't but we don't have to we've now had a bearish change of character on the

4-hour chart so remember this is our swing range on the 4-hour chart this

high here and this low here

we've had our breakfast structure for the trend to switch bearish to align

itself with the daily and the weekly we've pulled back we were looking for

price to come into our supply poi to look for entries but we don't have to

hit it remember for for for a lower height to form okay but when we get a

bearish change of character to the downside so the internal structure is

now aligned with the swing structure right so the pullback is likely to be

over now we can we can look to get short on the lower time frames to target the

week four hour low and ideally the daily low as well which is obviously quite

near the four hour low all right um so

let's just put this forward a little bit to

see what happens because at this point here this is around

new york what happens we try and then break that four hour low to form a lower

low but you can see price wicks it so it's just a liquidity grab and closes

back up above that low so that at that point is not a breakup structure just

yet remember we need to close below so we fast forward this a little bit what

time is this at now so this is the daily close around that time

so i'm just going to bring this forward to around the time that i get to my

charts okay so again what are we looking for

we are looking for uh well the prices pulled back to our

daily supply zone we think the daily pullback is over the four hours now

switched bearish the fora has had a pullback it didn't quite meet the area

supply that we were looking to get involved with but we have had a bearish

change of character to the downside um we tried to make a lower low we failed

to do so but it's pretty likely you know we're

still going to run this week low and this week daily low

now if i drop down to the 15-minute chart because this was coming into

friday where i was looking for my trade short to run that daily low

okay now if we look at the 15 minute chart we can see at this point we were

clearly bullish right we had this swing range

back slightly

okay so actually this was the four hour swing high and

swing low and at that point that range that four hour bearish range the 15

minute was actually the same range because for me

this is why you go back and paint the story a little bit right that would have

been the 15 minute low down here it was one straight push up to form a higher

high and then we took out the low which means this would be our high so you can

see how the 15 minute swing range is the same as the four hour swing range at

this point sometimes that can happen now when we took out this low here the

15 minute low we did get a closure below so that means

that our swing high is now all the way up here okay so this is actually our m15

swing high so let me just mark that on [Music]

and our swing low is all the way down here okay so i kind of want to just

cover that quickly again on the four-hour chart

just zoom out this is still our swing high and our

swing low because we tried to break to the downside but we just wicked it we

haven't closed below yet if we were to close below this low then this would

become our lower high but that hasn't happened yet however on the 15-minute

chart because our low was in the same place as

the 4-hour chart as well as the 15-minute chart the 15-minute chart did

actually close below so that means we have a new swing range that we're within

and our new lower high is now here okay so playing within a little bit of a

smaller range on the m15 than we were on the four-hour chart

okay now coming into uh the london session for this friday

the 5th of november i'm aware that price could pull all the

way up towards the top of this ranger k and that's ideal right we want to be

really selling kind of the high in the range as much as possible but of course

price does not have to do that so where is the uh

let's bring this back a little bit back to around 6am when i get to my desk so

around this time right what i do is i just literally mark out

the ranges that i'm in i know where my four hour and my uh my four hour swing

high on my swing low is i know where my m15 swing high and swing low is now

right and i know i want to be getting short to target the weak m15 low to

target the four-hour low to try and get the four-hour close below that low and

to try and get the daily you guessed it to take out the week

daily low right you can see that so now all the m15 and 400 daily all aligned

we're literally just trying to find that final point where price is going to pull

back into to find the supply that it needs in order to take out all of those

weak loads so this orange range is the m15 range

we're playing within it's quite a large range um but what i do is i mark out the

kind of you know the decent pois that price um is near we have this buy to

sell here on the m15 it's a pretty decent

supply zone right it's a nice sharp pullback and a nice strong push down um

so it's obviously a strong zone because it caused and led to a breakage

structure now how else can we validate the zone let's see if there's any uh

let's paint the story a little bit so we can see we have this demand over here

right actually took out these highs all right pricing came down

into that demand level it reacted it pushed up and then supply came into the

market for the demand to flip to supply so that's a pretty decent supply level

right so we're just following the money here but following where the orders are

exchanging hands for this whole move to set up and that's why you can see that

when supply came in and pushed price down through demand price pulled back

into it mitigated the remaining orders that were left in there and that led to

a sharp move that led to that m15 break of structure so if we're following the

money and we're following those series of mitigations this is at the pretty

decent level with that supply last entered into the market

now coming to my desk around 6 a.m what you typically see during asia so all of

this corrective price action within a small range that is what's called the

asian session range we can now see we started to form um a little bit of a

double top here what do we also have we also have a double bottom at the bottom

of the asian range so there's tons of liquidity building either side of this

range right loads of buy stops above these highs for anyone who's already

short their stop loss is going to be here right obviously if they're short

they need to buy back their position if they get stopped out that's why there's

other biceps there anyone who's looking to buy the breakout they think it's

going to the moon if we break these highs they're going to be buying there

as well um so there's tons of liquidity for large

you know in theory large smart money the institutional money that looks to want

to short here right where that supplies entering to the market what do they have

they have tons of buy side liquidity to fill their sell positions um in order to

you know essentially use that to to facilitate their transactions to um

reduce as much slippage that they may experience as possible and then what do

we also have we have liquidity to target right it's a fuel that moves to the

downside where there's tons of sell side liquidity below here anyone who's long

from the double bottom or looking to sell the breakout

so again just to quickly summarize this we have had the daily pullback to

zoom out we've had the daily pullback to supply right we've waited for the four

hours to now switch bearish the m15 switched bearish at the same point

because we were within the same range the four hour and the m15 now the four

hour failed to get rid of those lines failed to close below the low so the

four hour height is still up here at this point however on the m15 we did get

a closure below so we just look at where was the highest

point that took out this low it was this point on the m15 that's why we are now

playing within this range and this is the four range okay so at this point we

are aware that the m15 could pull all the way back up here and still go right

but it doesn't have to do that if we see a

nice poi right price does not have to pull back above the eq we can sell in

the discount if we build enough confidence coming into the learning

session on friday we have a really nice um you know clean and asia

range asian session range right with a double top and a double bottom clear

liquidity building on both sides we have this nice extreme

structural zone here we follow the mitigations right we had

this nice supply flip that was the last mitigation that led to the break of

structure so this for me is a really decent zone so what i would do is i

would set my alert at this level and then once it goes off drop down to the

m1 to see if it gives me my execution time frame

now if you trade the m15 you can trade this directly of course you can

obviously take a trade on the distal um you can be quite tight to that there or

you may want to cover the actual swing high because technically you know you

could draw your supply zone and as big of that if you want to it's quite a big

zone or you enter an eq but of course you may not be tagged now the other

reason why i'd prefer to use a confirmation entry on the lower

timeframes in this area is because you're selling in the discount so

there's every possibility right that price could come higher up into the

range before we go another thing as well that you need to bear in mind with this

of of why potentially this might not hold and the

m15 because actually switch bullish is because remember again on the four-hour

chart what happened the four-hour chart at that point had

failed to do its job it failed too close below that low so technically this is

structurally a weak high at the moment because it's failed to do its job so you

have to bear that in mind that potentially because we've had a

liquidity grab here there is the possibility a small possibility that we

could come up higher potentially mitigate you know one of these supply

zones up here and then we go right so you always have to bear that in mind

but this is why and my advice to you guys is don't get too caught up in

liquidity and all of that try and keep your trading as simple as possible and

you have to ask yourself right now where is the path of least resistance

everything's bearish we've had to pull back into supply the four hours bearish

and 15 is bearish and there's tons of weak lows um you know forming here you

can see this big double bottom forming um you know for me the easy trade keep

it simple don't over complicate it we've got a real clear poi we're following the

mitigations right this is a really good area to short we've swept liquidity into

our poi we've got liquidity to target and tons of weak blows below us i'm more

than happy to hit a short trade there with a decent reward if the m1 entry

model sets up so let's jump down to the one minute

now my alerts gone off right now we're within our m15 poi

so at this point the first thing i'm always thinking of once we get into into

a poi is i'm not going to enter a trade until i get a change of character on my

execution time frame so obviously if i'm looking for an m1 entry i need to see an

m1 shock so all i do is i mark out where is the low that i need to see get wicked

in order for there to be a chalk well if you look right all of these counters

apart don't move then we pull back then we move up then we pull back and then we

move up and then we pull back so at this point this is the last low okay so

that's the low that i need to see get wicked for there to be

a change of character okay so prices into our poi let's play this forward a

little bit and see what happens we're building those nice equal highs so now

we have those

uh highs get swept right they get liquidated

anyone who's you know short early now when we break up that high that

means i need to adjust this to the most recent low now for some of you that may

be there for you for me i am as aggressive as you can be with change of

character and for me that's an inside bar right that white candle so i will

take the inside bar because what that means

is price moved up it pulled back it came up right it pulled back it

arranged in here it moved up and then this candle fell to put the prize candle

high so that's a pullback and then we go so that for me is a low okay i'm pretty

aggressive with change of character because it allows me to get into trades

pretty early so now we've had a hard time for a

mitigation into our zone we've had a liquidation now all i'm waiting for is

that change of character before i look for an entry okay now we've wicked that

low we have had a change of character so now what i'm looking for is for the flip

right i'm looking for where is price going to react to to show me where the

demand is so play it forward we move down

okay now we move up okay we have this bullish movement back up so now what i

do is i look left and go doesn't make sense i'll be reacting off something to

validate a level of demand and it looks like we are reacting off this wick right

this fractal refinement there will be a nice clean 15 second demand zone within

there so that reaction that pullback tells me

that there's m1 demand here okay so now i've had my hard time frame mitigation

liquidation i've had my change of character now we are moving into demand

so now what i need to see is i need to see this demand level fail so i mark out

the the base of the reaction right and now what i want to see is

price break the the base of this reaction

and that will show me that supply is in control

um so let's see okay now we have broken and closed below

so now we have a confirmed flip so remember prices come into our level of

demand it's reacted which validates our level of demand it's tried to put in a

higher high but it's failed to breach the high so it's failed to do its job as

soon as price then breaks and closes below the base of the reaction point now

demand has flipped to supply okay so where did that supply come into the

market in order to take control in order to overpower demand well it's from the

base of the reaction to the higher the reaction okay because that is the buy to

cell that is the supply so anywhere within this buy to sell that box any

more than that orange box is the supply that came into the market to overpower

demand and take control so now you essentially you can short anywhere

within this box okay it's about a two pip um

sized box and that's more than valid obviously depending on what your trade

plan is for me currently at the time of recording i like to trade with a fixed

two pip stop loss uh on on euro dollar and what i'll tend to do

is take the whole range like that and if i can get my two pips stop above the

high protected then i'll take that now in this case right

i wanted to cover this thing high because i wasn't sure especially as it

was on mitigated if price would maybe come up to that extreme zone there okay

so what i did is i took a trade around here i have my stop just above the high

now because this will happen quite quite quickly right and price is here at this

point the moment price has closed below this is literally when you need to be

ready to enter okay you have to be quick within one chart because what can happen

at this point right prices here is the very next candle price can tap in like

literally with the next candle and then you're off

so that's why you have to be really mechanical and know exactly what you're

looking for and i know that once i've had my liquidation right into a hard

time frame mitigation i've already had my change of character

the last thing i need to see is the flip right we've had the reaction price has

now broken and closed below the base of the reaction so i know where the flip is

i know where the supply is that took control this is where i want to enter so

now the moment that price price enters this box

i need to be ready to get short okay so the next few candles price basically

moves into the zone and then this is where i didn't have enough time to set

an order so i just hit a mark execute right around here as price came in um

let's see i think we moved up a little bit higher

yeah there we go um because i ended up getting a 1.7 pip stop but i had my my

stop just above the high so it was roughly around here

um and i got tagged into the trade and then yeah obviously just let this play

out so think about targets right where do we

want to target this trade well if you zoom out

right my ultimate target like i was saying this entire time

was to target that weak daily low right which is all the way uh i think further

than actually anyway you know where the week day low

is it's pretty near that four hour low all right or at a minimum if we think

we've caught the daily or the m15 lower high i should say we can target that low

there right now at this time this was a trade on friday and nfp was coming up

around midday nfp is basically u.s employment numbers typically it sees

quite a large intraday reaction and i don't really want to hold the bulk of my

volume through that trade if i'm running a decent profits so my first decent

target was this m15 low down here because

there's big double bottom there i know there's tons of liquidity and what do we

expect after that liquidity is swept remember we either expect a pullback or

a reversal so these are really good profiting ticket levels to take profit

from okay so i just pay that forward price was

running around yeah just over 12 hours those lows and that's where i banked

around 90 percent of my volume okay now the reason why i did that like i just

said is because of um prices coming into nfp and i know there's a lot of large

intraday volatility so i just play press forward and you can see what happens um

as the news came in now typically what you'll see during kind of these news

announcements especially if price breaks a major swing low and taps into

liquidity is that move will often retrace so when i had

um the you know the the small balance of the trade remaining and i saw the news

come out i'm hoping there we go as soon as we broke those lows and we took the

daily low as well i knew it was very likely we're going to see a bit of a

sharp retrace um and then that's when i banked my profit for around 23r i just

flashed up on the screen and i can edit that in um essentially just manually

exited the remaining volume um at that point so

yeah i kind of went through this trade almost painfully slowly um you know my

thought process when i'm doing this live market is obviously a hell of a lot

quicker you don't need to be this pedantic right you know talking through

everything but i kind of just want to you know obviously for some of you guys

who are new seeing these things for the first time hopefully it helps it just

really goes things to go through things bit by bit now when you're in the live

market um you know this is happening so slowly

right you you you know on the weekend you do your analysis you know where all

your swing highs and your swing lows are and price is moving very very slowly on

the m15 and the for our time frame um you know you're in the spring same swing

range for usually a number of days um you know you have your poi marked out

probably even the night before and you're just letting waiting for your

alerts to set you know roughly that you're gonna be targeting those weak

lows as soon as price comes in that's just when you then need to be in the

ball right run start the london session just before london open we have a hard

time free mitigation liquidation just zoom in

all right chuck wait for price to react that validates our demand wait for price

to close below the reaction that shows me where supply took control where

demand flip to supply let price come back into the area right whether you set

a limit or a market execution um i ended up covering the high which was like a

dig because price did go a little bit higher than actually the zone but this

is where you gotta be patient okay as well and don't let emotions get in the

way you can see it's quite choppy and quite well quite horrible price action

to be honest um you know the first hour or so being in the trade but when that

happens literally mechanical right let let the market do

the hard work for you i know i'm going to take 20 off of 4r to cover my stop

loss at a point i have zero risk then you just leave it i know the areas in

which i want to take profit bulk of my volume off around these double bottom

lows at the m15 low right it's on a spring load the swing goes

down here but there because i know it's likely we can have a pullback okay in

this case that we didn't but you know 12r by anyone's standards is an amazing

trade okay really happy volume end of the week happy birthday happy with that

trade end of the week bank your profits move on because coming into that news

announcement right let's just imagine i'm trying to hold on my full volume and

then price comes up and spikes me out i'm gonna feel like a bit of a mug right

so pay yourself you know that's how you get consistency that's how you build

your accounts how you start to benefit from the compound growth um you don't

need to swing for the fences with evolve full volume of course you can you know

you don't have to listen to me um do what works for you but i'm just you know

guiding you guys with the way that i you know view and approach the market

and then yeah eventually after the news once we got that break below the lows um

i just manually exited so hopefully that was useful you guys can kind of see my

thought process from really all starting with the daily time

frame we know we're in a very clear bearish trend we pull back to an area of

supply within the previous range we'd had a very strong bearish reaction

from that supply zone we had a daily bearish change of character giving us a

real good signal now that that daily lower high had formed and we can target

that week daily low we dropped down to the four-hour chart the four-hour trend

had clearly switched bearish right when we took out uh this swing low here so

then we were then playing within the swing range here we are ideally hoping

price would come to that nearest for our poi but of course it doesn't have to

take a message from the market right price game there but then we get a

change of character to the downside there so now the internal for our

structure at this point is now bearish it's aligned with the swing structure

right it's obviously a pretty good sign not a guarantee but a pretty good sign

that we're ready to now take out this low and form that lower low it tried to

do that during the thursday session it did wick the low and that's why we got

the m15 lower low but remember the four hour didn't close so it's just a bit of

a grab liquidity but you know at that point we can still look for shorts and

actually get that true break of structure where we then took out the

daily lows as well so that's when we dropped down to the 15-minute chart

coming into friday morning on the 5th of november um just before the london

session and this is just where it was so clean for me

i mean obviously i've been looking at these zones before in the previous

sessions that's why you know it comes quite easy you know you're probably

thinking how do i spot this and how do i spot this but it's because this would

have been an area i was looking at the previous day or wednesday i don't know

when it was would have been looking for lungs from here price obviously melted

straight down and never gave us confirmation so when that happens and a

zone that i'm looking at to trade from you know gets smashed you like that

you don't just think oh well it didn't work go no no where did the supply come

into the market in order to make the same fail well here here was the

reaction there was the push down okay well that becomes a decent area of

interest so they're on the fourth of november that was a trade right we can

look for trades in around there right so then get that 15 minute low right that

was a really decent area to look for trades then we come into friday and now

we know that was the last series of mitigation but following the money this

then becomes a really decent area to look for beautiful liquidity to be swept

liquidity to target tons of weak lows right with the for the m15 and the daily

um obviously you can trade this directly or we can drop down to that m1 for extra

confirmation and refinement alert goes off on the m1

what do we get a hard time free mitigation liquidation change of

character wait for the reaction to happen to validate where the demand is

we get the reaction wait for price to break the base of the reaction now

whether you want a candle closure or just a wick break

you know i'm going to leave that to you waiting for the candle closure will

definitely boost your strike rate it is more significant um once we get the

candle closure you know that you can enter anywhere within that buy to sell

range if you trade ranges some of you may not trade ranges some of you may

always take the refined candle and that's fine too right you would have

been tagged in at this point as well just

clean that up to you know what i mean right these are all where you know

there's option optionality within the strategy and how you want to trade just

try and be consistent with what you do okay so if you always take a single

candle like that the refined candle always do that okay so if price then

taps into let's just say the base of the range and goes without you you can't be

pissed off that's not a mistreat for you um because it didn't meet your rules so

for me personally i generally take the whole range if i can

well okay let me summarize and keep this even

more simple i will draw my flip zone on the whole range

but remember i always want to fix two pips stop loss and i need my stop-loss

to protect it protecting my stop-loss defines where my

entry goes so if i know that this you know two pip can get me above the high

then that's where my entry has to be okay

which just so happens to be the eq of the range which just so happens to be

around you know on this refined candle okay but i will personally take the

whole range um as long as i can get my two pip stop protected where i want it

protected um we get tagged into the trade now a lot of people right they'll

get tagged in and then they'll see price shoot up into their stop-loss

they'll be emotional they'll be like going okay well i'm going to take a loss

i don't take a full loss and i'll manually exit the trade

don't do that don't be that person right that's just

you know i'm trying to use pg words here it's stupid trading right

it's emotional training you're professional traders you don't need to

do that the the risk reward is always hugely on

your side with the strategy okay once you've entered the trade that's it right

ride or die let the market do the hard work for you let your edge play out let

the numbers fall where they will fall right that's why we have this really

easy um you know a mechanical clear-cut way

of removing risk where you set your order for 4r to partially remove 20

percent of your volume that leaves your stop-loss open and then pick where you

want to take up you know the rest of your volume whether you are someone who

use purely fixed r so what i mean by that is you may always bank x amount of

profit at 10 r for example so it doesn't depend on technical levels that's a

great idea as well maybe you like technical levels okay big obvious levels

in the market clearly gonna be liquidity here another good level to take profits

and then final level take profits at the m15 and week daily lows often use big

retrace you know take your money be happy for the weekend um bank and move

on so that wraps up that kind of trade recap um yeah hopefully you guys are

taking some value from that uh yeah and you can just kind of see sort of my own

style my thought process of how how i use all these concepts together but i do

try to keep it as simple as possible um and kind of yeah i guess i'll leave

you with this kind of one thought the main thing you want to do no matter what

time frame you use right obviously have a hard time frame a medium time frame

and then potentially a lower time frame for your execution

so as you guys know for me my hard time frames my 4-hour chart my medium time

frame is my m15 and my lower timeframe execution is the m1

as long as you have your swing ranges correctly mapped on your higher time

frame and your medium time frame so what i mean by that is no matter what what is

going on live market i always have the range that i am currently within mapped

out okay so let's say this was a live market right now i would have

um essentially like my i use the little

dots just to kind of visually see it but i would have my my my swing low and my

swing high and then i know straight away this is the four-hour range we're

playing within okay and that's it and i just know you know that tells me

everything i need to know really i mark out on the most recent pois that i'm

interested in and then i'm waiting for price to either pull back or pay the

continuation and i do the same with m15 i would mark out the range i'm within i

would mark out the the pois the nearest supply or demand zones that i'm

interested in trading within i set my alerts on them and then once the alerts

go off i look to see if my m1h model presents itself and then i look for you

know my technical targets okay and that's it

hopefully yeah i'll leave that there before i run any longer this video going

along longer but hopefully yeah that's a decent way of you guys seeing how to try

and keep things um as simple as possible and just how powerful um this strategy

is now what i would recommend as well is if you go into the um the photon

service and you look at the weekly watches breakdowns and you look at it

for uh i believe well it's for this week

that just happened um so i believe the saturday was the 6th or 7th of november

if you look essentially for the weekly watches breakdown that covered this

week's price action um you know you will see how many high-probability trades

there were each of this week and i think it's a really good uh video to watch for

you guys to see um a recap of kind of all of that but anyway i'll leave it

there see you guys in the next one